Trico Marine Services, Inc. (fka TRMAQ)

[ErnieBilco]

But the commons are IN FACT toast.

The Plan is a liquidating plan that provides, among other things, for the liquidation of the Plan Debtors’ remaining assets by a Plan Administrator and for the satisfaction of all Allowed Claims. All existing Equity Interests in the Company will remain in place for a period of 90 days after the Effective Date, pending a decision by the Plan Administrator to implement certain transactions described in the Plan. Should the Plan Administrator not elect to keep the existing Equity Interests outstanding, such Equity Interests shall be cancelled on the 90 th day after the Effective Date. In either event, existing holders of Equity Interests will receive no distributions under the Plan.

I think the surge was due to confusion about whats happening. The new equity is going into a private company.

ITS JUST MASS CONFUSION AND SOME GAINS SHOULD BE BANKED BEFORE THE BUYERS FIGURE OUT THEY ARE BUYING DEAD STOCK.